According to a referral from the Stock Exchange of Thailand (SET) and the SEC’s further examination, there was evidence that 13 persons, namely: (1) Mr. Suraphong Triamchanchai, (2) Nippon Pack (Thailand) Public Company Limited (currently renamed as Global Consumer Public Company Limited (NPP)), (3) Ms. Tipparat Sakornsuksriruek, (4) Ms. Rinnapa Kunawatsatit, (5) Mr. Wattana Swatthong, (6) Mr. Danuj Bunnag, (7) Mr. Praphol Milindachinla, (8) Mrs. Kingkarn Smitananda, (9) P-SAT Corporation Co., L...
The criminal complaint was filed against Mr. Sompote Ahunai and Mr. Amorn Sapthaweekul, directors and executives of EA and EA’s sole subsidiaries with 99.99 percent shareholding (i.e., EA Solar Nakhonsawan Co., Ltd. and EA Solar Lampang Co., Ltd.), and Mr. Pornlert Techarattanopas. In this case, facts and evidence appeared, leading to the consideration that during the years 2013 – 2015, the three individuals colluded to commit fraudulent acts in the procurement of equipment from foreign supplier...
Following tips and the SEC’s further inspection, it was found that {X1} has provided platform services for trading or exchanging digital assets via its website by matching orders or arranging for the counterparties or providing the system or facilitating entry into an agreement or match the order for persons who wish to trade or exchange digital assets. In so doing, {X1} has solicited the Thai public and investors to use its services, either via its website or Facebook Page: {X1}. On 5 April 202...
Following a tip from a reliable source and SEC’s further inspection, SEC finds that Devere & Partners and Mr. Ian Mcintyre had operated securities brokerage and investment advisory businesses without license. There is evidence of their illegal activities, such as records of investment advice rendering to clients, records of clients’ trading executions, details of clients’ trading transactions, name and contact address of clients in Thailand, records of their meeting with clients, lists of...
Bangkok, 21 September 2016 ? The SEC has filed a criminal complaint with the Department of Special Investigation (DSI) against Mr. Khumsup Lochaya for insider trading of Superblock Public Company Limited (SUPER) shares.Following a referral from the Stock Exchange of Thailand (SET), the SEC?s further inspection has revealed that Khumsup took advantage of the material information, which had not been disclosed to the public, that SUPER would sell off its assets of all kinds in its core autoclaved a...
Bangkok, 5 September 2017 ? The SEC has filed a criminal complaint against Mr. Wichai Thavornwattanayong, Chairman of the Board of Directors of Inter Far East Energy Corporation Public Company Limited (IFEC), with the Economic Crime Suppression Division of the Royal Thai Police (ECD) for committing dishonest acts to gain unfair advantage for himself or other persons. During the month of December 2016, the number of IFEC directors was insufficient to form a quorum as required by law. Wichai, in...
Bangkok, December 28, 2010 ? The SEC today filed a criminal complaint with the Department of Special Investigation against persons involved in the manipulation of shares of three companies, i.e., Focus Development and Construction Public Company Limited (FOCUS), Inter Far East Engineering Public Company Limited (IFEC) and The Royal Ceramic Industry Public Company Limited (RCI). According to a referral from the Stock Exchange of Thailand (SET), irregularities were detected in relation to the trad...
Bangkok, 17 November 2016 ? The SEC has filed a criminal complaint against Mr. Chupong Tanasettakorn, former deputy managing director of Country Group Holdings Public Company Limited (CGH), and two aiders namely Mr. Chanchai Piulueangsawat and Mrs. Onpimon Piulueangsawat, with the Department of Special Investigation (DSI) for committing dishonest acts.The SEC?s findings from the examination of the initial public offerings (IPO) of Takuni Group Public Company Limited (TAKUNI) and CCN-Tech Public...
Bangkok, 17 November 2016 - The SEC has filed a criminal complaint against {A}, former deputy managing director of Country Group Holdings Public Company Limited (CGH), and two aiders namely {B} and {C}, with the Department of Special Investigation (DSI) for committing dishonest acts.The SEC's findings from the examination of the initial public offerings (IPO) of Takuni Group Public Company Limited (TAKUNI) and CCN-Tech Public Company Limited (CCN) in late 2014 has revealed that {A}, then CGH exe...
files criminal complaint on the grounds of suspicious disclosure of false information and/or embezzling or siphoning, shall be deemed to have untrustworthy characteristics under Clause 3 in conjunction